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Nov 27, 2012
11/12
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FBC
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. >> let me ask you about warren buffett. warren buffett saying that there's no tax pledge doesn't work. today, and i would like to play this to you over and over, he responded. take a listen to this. >> i agree with part of it. warren buffett really believe what he said, he could do it any other american who thinks that they are not paying enough xes, he could stop fighting the irs and just start paying for the irs says that he should be paying today. that is one thing. cheryl: that's true. >> if he believes that the federal government is the way we should be spending his money, then he should not have set up that chervil foundation and he should've written a check to the epa and to the federal government. you must inherently believe that it's better that you spend money through charitable trust and have washington spent his money. >> some of your collgues are turning against him. in fact, saxby chambliss is one of them. bob corporal, lindsey graham, i have been in office for a number of years and i never see the need for ra
. >> let me ask you about warren buffett. warren buffett saying that there's no tax pledge doesn't work. today, and i would like to play this to you over and over, he responded. take a listen to this. >> i agree with part of it. warren buffett really believe what he said, he could do it any other american who thinks that they are not paying enough xes, he could stop fighting the irs and just start paying for the irs says that he should be paying today. that is one thing. cheryl:...
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Nov 26, 2012
11/12
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KNTV
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warren buffett saying this week to the president effectively, my words, not his, don't give in here. don't give in on taxes. threaten to go over the fiscal cliff. it's not going to kill the economy any worse. how does the president work his will here? how does he get to the kind of compromise that david cody wants and other ceos, while still saying i've won this election and i need to drive things in the direction i think is best? >> i think he's got to govern by the commitments made during the campaign. and i think he will. this is about fairness. why do we need to deal with the tax on the rich first? because we must assure americans we are dealing with fairness. we keep talking about shared sacrifice. there was not shared wealth and shared prosperity. so you're asking people that didn't enjoy the good times to share in paying for the tab that they never enjoyed. so i think that when we first deal with the taxes, as you raised in your first point, and then go from there talking about how we deal with entitlements and all, you have a fairer environment to govern from. but you can't p
warren buffett saying this week to the president effectively, my words, not his, don't give in here. don't give in on taxes. threaten to go over the fiscal cliff. it's not going to kill the economy any worse. how does the president work his will here? how does he get to the kind of compromise that david cody wants and other ceos, while still saying i've won this election and i need to drive things in the direction i think is best? >> i think he's got to govern by the commitments made...
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Nov 29, 2012
11/12
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so i'm all for that. >> the book is "tap dancing to work warren buffett on practically everything" the oracle of omaha. we appreciate you're coming on today. look forward to seeing you soon. >> thank you for having me. >>> two nfl players leaving lucative contracts behind in search of something higher, their story next on "andrea mitchell reports." a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... wi
so i'm all for that. >> the book is "tap dancing to work warren buffett on practically everything" the oracle of omaha. we appreciate you're coming on today. look forward to seeing you soon. >> thank you for having me. >>> two nfl players leaving lucative contracts behind in search of something higher, their story next on "andrea mitchell reports." a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the...
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Nov 27, 2012
11/12
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who are now paying so much less, paying what mitt romney paid, paying what warren buffett pays, 14 or 16%, because of capital gains and other investments, what about a minimum tax that would require them to pay 35%? >> the president has supported the buffet principle for a long time and his state of the union address last year, he supported buffet rule which would set a minimum tax for those who are the most wealthy. but we have a set of problems we need to address. and this requires a comprehensive solution and most importantly, we need to collect additional revenue from the most fortunate which includes raising tax rates to where they were during the clinton years. >> similarly, what about revisiting simpson-bowles? a lot of people are talking about the framework, a lot of work has been done, are there means testing, further means testing of medicare, for instance, or other kinds of delayed medicare enactment, you know, sliding the age, for instance, kicks in other ways to try to down the road at least realize some real money? >> well, i think the best solution would be one that not
who are now paying so much less, paying what mitt romney paid, paying what warren buffett pays, 14 or 16%, because of capital gains and other investments, what about a minimum tax that would require them to pay 35%? >> the president has supported the buffet principle for a long time and his state of the union address last year, he supported buffet rule which would set a minimum tax for those who are the most wealthy. but we have a set of problems we need to address. and this requires a...
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Nov 26, 2012
11/12
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do the markets care when you see the ceos and some of the wealthier people, including warren buffett today in the "times" saying, look, we have got to raise revenues by raising some taxes on wealthy individuals. we saw that from both buffet and radner, very prom negligent well-known financiers but ultimately endorsing what sounds like the obama position. do the markets look to those steps the way we do in politics and say this is more likely to get done or does it not work that way? >> look, the market is hanging on every single development in these negotiations. a couple of days ago leaders came out of the white house and said they had a pretty conciliatory meeting and everything seemed hunky dory at least in that one meeting and the market boomed. people are watching and waiting to see what's happened here. you've got a split on wall street. there are those folks who don't want to see tax increases no matter what under any circumstances ever. and then you have other folks like lloyd blankfein who said they don't mind tax increases on the wealthy as long as it helps us to get to a d
do the markets care when you see the ceos and some of the wealthier people, including warren buffett today in the "times" saying, look, we have got to raise revenues by raising some taxes on wealthy individuals. we saw that from both buffet and radner, very prom negligent well-known financiers but ultimately endorsing what sounds like the obama position. do the markets look to those steps the way we do in politics and say this is more likely to get done or does it not work that way?...
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Nov 28, 2012
11/12
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in fact, this morning we spoke with warren buffett about this very issue. he thinks there's a real chance we will get some sort of a deal but maybe not necessarily by december 31st. he thinks the middle of the party could work out a deal. they will go kicking and screaming and if the leadership feels they will lose their leadership position, that could make them drag their heels as well and not get a deal as quickly. if we go over december 31st, we'll see what happens with the markets at that point. >> dow 8,000. becky quick, sorry. thank you. >> reporter: thank you. >> up next, are republicans and conservatives on the verge of a breakup? >>> the republican party needs conservatives but do conservatives need the republican party? today we're taking a deep dive into where the two overlap and where they don't. go back to this past spring, just a month or so after mitt romney secured the nomination. author and veteran craig shirley wrote something that caught a lot of our eyes saying the party itself had about become nothing more than what suits the cause at t
in fact, this morning we spoke with warren buffett about this very issue. he thinks there's a real chance we will get some sort of a deal but maybe not necessarily by december 31st. he thinks the middle of the party could work out a deal. they will go kicking and screaming and if the leadership feels they will lose their leadership position, that could make them drag their heels as well and not get a deal as quickly. if we go over december 31st, we'll see what happens with the markets at that...
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Nov 28, 2012
11/12
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we had warren buffett on the show yesterday. warren buffett said raising the top marginal tax rate to 39.6% wouldn't catch any of the top income earners in america. that it would not impact them at all. now why shouldn't republicans be focusing on that, the real political battle in washington today, instead of focusing on a battle they know they're going to lose, against a woman of color after they just got shellacked in the polls among people of color and females. why are they doing this? and, andrea, a bigger question, as we go to a new congress, is john mccain going to continue to have the disproportionate impact that he has on foreign policy in the republican senate caucus? mika and i talked to so many people over the past two, three years that say we want, republican senators, we want out of afghanistan but, you know what, we just sort of stay out of john's way. how many times have we heard that? >> a lot. it's disturbing. >> we hear it all the time. they stay out of his way. are they going to blindly follow and, again, i l
we had warren buffett on the show yesterday. warren buffett said raising the top marginal tax rate to 39.6% wouldn't catch any of the top income earners in america. that it would not impact them at all. now why shouldn't republicans be focusing on that, the real political battle in washington today, instead of focusing on a battle they know they're going to lose, against a woman of color after they just got shellacked in the polls among people of color and females. why are they doing this? and,...
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Nov 26, 2012
11/12
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he's not supporting right wing -- >> stephanie: like warren buffett. all right. john fund on fox news. >> i don't think any car company deserves a loan. we've already seen what happened when general motors became government motors. it hasn't worked out well. >> what are you talking about? >> i think ronald reagan is right. when he warned businesses seeking help from the government never, never get into bed with the government. you'll never get a good night's sleep. obviously the government is going to practice carney capitalism. the government is about politics. >> wow. >> stephanie: hmm. i guess that's in the world where the auto rescue wasn't a huge success? >> i think he's viewing it through the very narrow prism of republican politics. it was not as successful as the vote in ohio and michigan and lots of other places showed. where was the "wall street journal," you know, demanding that you know, the wall street banks in 2008 not accept a penny. they should work it out themselves. that's what the market place dictates. who has received more handouts than anyon
he's not supporting right wing -- >> stephanie: like warren buffett. all right. john fund on fox news. >> i don't think any car company deserves a loan. we've already seen what happened when general motors became government motors. it hasn't worked out well. >> what are you talking about? >> i think ronald reagan is right. when he warned businesses seeking help from the government never, never get into bed with the government. you'll never get a good night's sleep....
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Nov 29, 2012
11/12
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CSPAN2
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warren buffett yesterday in "the new york times" said 15.5% of our gdp is coming in of revenue. i've heard lower figures, and the spending side of it is summer in the range of 22-24%. well, that to me is the reality of what has happened. we have seen a decline in tax revenue and an increase in spending for a variety of reasons we could go through. if we're serious about deficit reduction in the years to come we've got to move back towards the golden mean 19 points six. the closer we can get our revenue to 18% of level, as we weigh down spending, the more likely we are to have a stable economy in the years ahead. let's talk about what's happened since that time when we did have our budget in balance. danya in a way updates are figures from time to time. but let's take a look at where we are today. compared to where we were fiscal year 2001 when the federal government actually ran the $128 billion surplus. compared to this 2001 figure, we are spending less on nonsecurity discretionary spending than we were then. in other words, the growth in spending has not been in the nondefense
warren buffett yesterday in "the new york times" said 15.5% of our gdp is coming in of revenue. i've heard lower figures, and the spending side of it is summer in the range of 22-24%. well, that to me is the reality of what has happened. we have seen a decline in tax revenue and an increase in spending for a variety of reasons we could go through. if we're serious about deficit reduction in the years to come we've got to move back towards the golden mean 19 points six. the closer we...
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Nov 26, 2012
11/12
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this one by warren buffett. whether he would give more of his tax dollars if given the opportunity. he says let's forget about the rich and alternate going on strike and stuffing their money under the mattress. we will look at some other opinions. a republican from tennessee, bob corker, a member of the senate banking committee. he writes in the washington post -- fred in lancaster, south carolina, good morning. caller: good morning. the one caller named interior was pretty close to being right. -- named jerry. it wants to cut taxes, how about we bring some of the foreign aid home to pay down some deficits? how about that? we are talking about obamacare. why not put a cap on a $100 aspirin at a hospital and instead say it's $10? i think that's more than enough. host: senator mike lee as a commentary in the washington times -- that is from the "washington times. mike lee is also a member of the joint economic committee. tony is our next caller in las vegas, nevada. caller: hi. on the fiscal cliff, this has been the unspoken agenda of the democratic party for a long time. they want th
this one by warren buffett. whether he would give more of his tax dollars if given the opportunity. he says let's forget about the rich and alternate going on strike and stuffing their money under the mattress. we will look at some other opinions. a republican from tennessee, bob corker, a member of the senate banking committee. he writes in the washington post -- fred in lancaster, south carolina, good morning. caller: good morning. the one caller named interior was pretty close to being...
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Nov 28, 2012
11/12
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CSPAN
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warren buffett said 15.5% yesterday is coming in as revenue. i have heard lower figures. that is the reality of what has happened. we have seen a decline in iraq -- in tax revenue and an increase in spending for a variety of reasons. if we are serious about deficit reduction, we have got to move back the golden 19.6%. let's talk for a minute about what has happened. the chairman of the appropriation committee. let's take a look at where the art today compared to where we were in fiscal year 2001 when the federal government ran a $128 billion surplus. compared to the 2001 figure, we are spending less on non- security concessionary spending than we were. the growth in spending has not been in the non-defense discretionary. the cost of security programs in that same time. has gone up 60%. the cost of mandatory programs is up 30%. i want to call your attention to one aspect progressives need to remind people. of the $1.50 trillion already in spending cuts, $900 billion comes from spending. we have given far more than when it comes to defense side. for atalk about those minute
warren buffett said 15.5% yesterday is coming in as revenue. i have heard lower figures. that is the reality of what has happened. we have seen a decline in iraq -- in tax revenue and an increase in spending for a variety of reasons. if we are serious about deficit reduction, we have got to move back the golden 19.6%. let's talk for a minute about what has happened. the chairman of the appropriation committee. let's take a look at where the art today compared to where we were in fiscal year...